Monthly Rent Report
Watts Rent Report — January 2023
Asking rents in ZIP 90059, Los Angeles, from 76 listings.
Median 3BR rent in Watts was $2,675 in January 2023, down 8.5% (−$250) from December 2022 and up 7.2% year-over-year. The middle half of 3BR listings asked between $2,625 and $2,675. That puts Watts $1,173 below the Los Angeles citywide 3BR median of $3,848. The month's figures are based on 76 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,250 | +$251 (+12.6%) | +$500 (+28.6%) | $2,250 – $2,250 | 1 |
| 2BR | $2,450 | +$451 (+22.6%) | +$700 (+40.0%) | $2,450 – $2,450 | 10 |
| 3BR | $2,675 | −$250 (-8.5%) | +$180 (+7.2%) | $2,625 – $2,675 | 55 |
| 3BR | $2,900 | −$25 (-0.9%) | +$405 (+16.2%) | $2,900 – $2,925 | 3 |
| 4BR | $3,400 | $0 (0.0%) | −$100 (-2.9%) | $3,400 – $3,400 | 1 |
| 4BR | $3,323 | −$77 (-2.3%) | −$177 (-5.1%) | $3,245 – $3,400 | 6 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — January 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,250 | $2,861 | −$611 (-21.4%) |
| 2BR | $2,450 | $2,861 | −$411 (-14.4%) |
| 3BR | $2,675 | $3,848 | −$1,172 (-30.5%) |
| 3BR | $2,900 | $3,848 | −$947 (-24.6%) |
| 4BR | $3,400 | $5,000 | −$1,599 (-32.0%) |
| 4BR | $3,323 | $5,000 | −$1,677 (-33.5%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.